Reports on the rise in annualized average tax-free yields due to withdrawal of cash from tax-free money market funds by investors according to iMoneyNet Inc. Reduction in funds' weekly yields; Assets in tax-free funds after Federal Open Market Committee's deduction in federal-funds rate.

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The article reports that investors are looking for other places to invest their money as the seven-day simple yield on money funds declines to 50 basis points. iMoneyNet reported that investors withdrew $7.82 billion from money market funds. The yield is said to be the lowest since iMoneyNet...

The article reports that the U.S. tax-free money market fund yields declined back below 3% as they fell an average of 18 basis points on an annualized basis during the week, according to iMoneyNet Inc. The drop has left the funds' yield level at 2.9%. Assets in the funds fell $3.34 billion from...

Reports on the net inflow of tax-exempt money market funds according to iMoneyNet Inc. in the U.S. Total assets in the funds; Move of investors to avoid paying the intangibles tax; Decline in the average annualized seven-day, tax-free fund yields.

The article reports on the continuous dropped down of the financial industry's assets in the U.S. According to the iMoneyNet Inc., the withdrawal of investors from their tax-free money market funds has amounted to 1.87 billion dollars for the week ended December 29, 2009. Lipper FMI also notes...

The article presents information on money market funds. According to iMoneyNet Inc., the average tax-free money market fund yield rose 13 basis points or 1.76% on an annualized basis in the U.S. However, assets in the funds have only continued to decline since, falling $1.34 billion to $326.62...

Reports on a net inflow of $43.788 billion in money market funds tracked by iMoneyNet Inc. in the U.S. as of July 11, 2003. Reason behind the increase in the net inflow; Negative implications of continuing massive inflows.

The article reports that the weekly average tax-free money market fund yields shot up nine basis points during the week ended Monday to 1.33% on an annualized basis, iMoneyNet Inc. reported. The funds meanwhile had a net outflow of $3,42 billion during the reporting period, according to the...